11th Circ. Upholds Sentences For Insurance Scammers

Law360, New York (August 10, 2012, 7:11 PM EDT) -- The Eleventh Circuit on Friday upheld the convictions of two Texas insurance scammers who were involved in a massive scheme to sell sham insurance policies through offshore companies and con investors out of at least $50 million, finding that the government provided substantial evidence of guilt.

The appeals court ruled that William Broughton and Richard Peterson's contention that the government failed to provide sufficient evidence of their involvement in and awareness of the scheme to overturn their June 2010 convictions in Florida federal court for fraud...
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